Life insurers' new business premium jumps 39% in April on GST boost
Life insurers reported a sharp rise in new business premium in April, driven by strong growth in LIC and private insurers amid continued GST-related momentum
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Aathira Varier
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Bank credit grows 16% in fortnight ended April 30, shows RBI data
Bank credit expanded 16 per cent year-on-year in the fortnight ended April 30, while deposit growth edged up to 12.3 per cent, RBI data showed
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NBFC-MFIs drive sharp rise in microfinance originations in Q4: Report
NBFC-MFIs led the growth in microfinance originations during Q4FY26, while higher average ticket sizes and continued lending to existing borrowers supported disbursement momentum
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Microfinance sector posts Q4FY26 growth after eight quarters of decline
The microfinance sector's gross loan portfolio rose sequentially in Q4FY26, supported by higher loan originations, bigger ticket sizes and improving asset quality
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RBI Governor launches 'Mission SAKSHAM' for Urban Co-operative Banks
Nationwide capacity-building initiative aims to train 1.4 lakh UCB staff and strengthen governance, compliance and operational resilience in the sector
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Early delinquency rate in MFI drops sharply to 2.3%, says Equifax India
This trend suggests that lenders are prioritising credit discipline over growth, particularly in a macro environment marked by cautious lending
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Corporate credit card overdue applicable only to corporate entity, says RBI
RBI clarifies overdue and asset classification for corporate credit cards under joint liability will apply only to firms, aiming to standardise reporting and ease bank capital load
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Credit card spend touch 3-month high at ₹2.19 trillion in March: RBI data
FY26 card spends up 12% to ₹23.62 trillion
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